KeyBanc Capital Markets, the corporate and investment banking arm of Cleveland-based KeyCorp, has promoted David Mastrangelo to co-lead KBCM’s equity capital markets organization reporting to Doug Preiser, KBCM chief operating officer. David will also become a member of the equity capital markets underwriting committee. He is based in New York City.
In this role, Mastrangelo will partner with Dave Gruber to co-lead equity capital markets, while further integrating the technology equity underwriting platform into KBCM’s equity research, sales and trading organizations.
“David’s strong partnership with our technology investment banking team helped to drive accelerated growth in KBCM’s equity underwriting activity as well as improved positioning in transactions,” said Preiser. “His expertise, collaboration and experience are highly valued by our clients, and by combining all of our equity capital markets activity within a united team, we will better leverage best practices and collaboration to further accelerate KBCM’s presence in the market.”
“The momentum of KBCM’s equity capital markets group is impressive and demonstrates the power of our team approach and mission as a ‘client first’ advisor,” said Mastrangelo. “I’m excited to co-lead the team with Dave Gruber to deliver our fully integrated equity capital markets and corporate and investment banking capabilities to our clients.”